Premium Essay

Strategic Plan Final for Str 581

In: Business and Management

Submitted By villarrealb1
Words 5835
Pages 24
Strategic Plan
Belle Villarreal
STR 581
February 4, 2013
Amy Ruiz

Table of Contents
Title Page
Cover Page………………………………………………………………………………………...1
Executive Summary……………………………………………………………………………….3
Company Background…………………………………………………………………………….5
Vision, Mission, and Value Statement ……………..…………………………………………….5
Sources used for External and Internal Analysis………………………………………………….6
Strategic Plan……………………………………………………………………………………...7
Implementation Plan………………………………………………………………………………8
Strategic Choice and Evaluation…………………………………………………………………10
Evaluating Alternatives…………………………………………………………………………..11
Values of Strategy………………………………………………………………………………..12
The Right Strategy……………………………………………………………………………….13
External Environmental Factor…………………………………………………………………..14
SWOT……………………………………………………………………………………………15
Competitive Position and Possibility…………………………………………………………….16
Action Items……………………………………………………………………………………...17
Resources Allocation…………………………………………………………………………….19
Successful Implementation………………………………………………………………………19
Conclusion……………………………………………………………………………………….20
References………………………………………………………………………………………..22

Executive Summary
The document you are about to read is a research paper and plan on how to open or start your own business. Within the next couple of years I plan to open a sleep study lab. My sister currents owns and operates her in a different city. My goal is to mirror hers and open a second branch in the city I live. Her sleep lab, Bay Area Sleep Evolution Center, has been successful and I believe opening a second location in San Antonio, Texas, will be to my benefit and success. In this document you will read my vision and plan for my new business. A well-designed plan needs to be implemented with all the necessary ingredients such as resources, communication, time, deadlines, follow ups, and knowledge. To make the…...

Similar Documents

Premium Essay

Strategic Planning & Implementation Str/581

...Implementation Plan Ricky Cravens STR/581 Strategic Planning & Implementation Dr. Johnnie Bejarano September 15, 2013 * Cintas Corporation is an organization with a highly integrated intelligence network. Cintas highly integrated network consist of 30,000 employees worldwide. Cintas Corporation initially focused all its operations on uniform management but in modern times it additionally designs, manufacturers and implements corporate identity uniform programs, mats, bathroom supplies, promo products, fire protection, document management, first aid and safety for close to one million businesses. Cintas operates more than 430 facilities, including eight distribution hubs and six manufacturing plants. Cintas is a billion dollar revenue organization. Cintas has many competitors worldwide. Cintas operates with a unique approach to intelligence. It operates with a one-man intelligence team. Each employee at Cintas can make a significant impact with this one-man approach. Cintas relies on all of its 30,000 employees with this model.  Internal market intelligence sales network model: * Quickly identify new business opportunities * Develop local tactics to attack/defend against the competition * Develop local competitive binders * Establish best practice sharing among regions * Greater competitive visibility at corporate level “Our intelligence function is neither centralized nor decentralized. I guess the best way to describe it is that...

Words: 1279 - Pages: 6

Premium Essay

Str 581 Capstone Final Exam All Parts 1 - 3

...STR 581 Capstone Final Exam ALL Parts 1 - 3 IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://hwnerd.com/STR-581-Capstone-Final-Exam-ALL-Parts-1-3-1199.htm?categoryId=-1 If You Face Any Problem E- Mail Us At Contact.Hwnerd@Gmail.Com STR 581 Capstone Final Exam Part 1 • The concept that some leadership attributes will work in some situations but not in others can be described by the • Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done? • Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? • In performing a SWOT analysis, which of the following would be considered as a threat? 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving that diversity initiatives......

Words: 1945 - Pages: 8

Premium Essay

Final Project- Strategic Plan and Presentation

...Strategic Plan and Presentation STR/581 Strategic Plan and Presentation Contents Company Overview 2 Background 2 Company Structure 3 Environmental Scan 5 External Factors 5 Internal Factors 6 Strategies 7 Generic Strategies 7 Implementation 8 Company Overview Background KnowledgeNet Enterprises LLC is a business-to-business company that is currently based in Tempe, AZ. The company was formed in 2005 in Aberdeen, Washington in a small two bedroom home in hopes of providing businesses with affordable and high-end training for the Information Technology staff (D. Rottner, personal communication, 2014).Today, KnowledgeNet Enterprises LLC now serves over 6,000 companies world-wide. The company’s focus is to offer quality training that is backed by a customer service team that provides outstanding support to all of the company’s customers (KnowledgeNet, 2013). There are many different options of training available to the company’s customers that provide flexibility for the customers that have limited time to focus on training. The company offers instructor-led training live over the web so that customers get the classroom feel and interaction without having to be in the classroom. There are also recorded versions of all the live classes to provide flexibility for customers that cannot make it to the live class. KnowledgeNet Enterprises LLC also provides practice labs, exams, and full library of online books to assist with the training (KnowledgeNet,...

Words: 3172 - Pages: 13

Premium Essay

Str 581 Capstone Final Exam All Part 1 - 2 - 3 -

...STR 581 Capstone Final Exam ALL Part 1 - 2 - 3 - IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/STR-581-Capstone-Final-Exam-Part-1-2-3-A-Work-21345654.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com STR 581 Capstone Final Exam Part 1 - 100% Original 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 1. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done? 1. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 1. In performing a SWOT analysis, which of the following would be considered as a threat? 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving......

Words: 1956 - Pages: 8

Premium Essay

Str 581 Capstone Final Exam All Part 1-2-3

...STR 581 CAPSTONE FINAL EXAM ALL PART 1-2-3 To buy this click here http://www.coursehomework.com/product/str-581-capstone-final-exam-all-part-1-2-3/ Contact us:+1 315-750-4434 help@coursehomework.com STR 581 CAPSTONE FINAL EXAM ALL PART 1 - 2 -3 STR 581 Capstone Final Exam Part 1 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 2. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done?3. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 4. In performing a SWOT analysis, which of the following would be considered as a threat 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving that diversity initiatives cannot? 10. According to the job characteristics......

Words: 1937 - Pages: 8

Premium Essay

Str 581 Capstone Final Exam All Part 1 - 2 - 3 -

...STR 581 Capstone Final Exam ALL Part 1 - 2 - 3 - IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/STR-581-Capstone-Final-Exam-Part-1-2-3-A-Work-21345654.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com STR 581 Capstone Final Exam Part 1 - 100% Original 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 1. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done? 1. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 1. In performing a SWOT analysis, which of the following would be considered as a threat? 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving......

Words: 1956 - Pages: 8

Premium Essay

Str 581 Capstone Final Exam All Part

...A++PAPER;http://www.homeworkproviders.com/shop/str-581-capstone-final-exam/ STR 581 CAPSTONE FINAL EXAM ALL PART 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 2. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done?3. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 4. In performing a SWOT analysis, which of the following would be considered as a threat 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving that diversity initiatives cannot? 10. According to the job characteristics model, autonomy is defined as the degree to which a job generates direct and clear information about performance STR 581 week 4 capstone final exam part 2 – 40 MCQS 1.......

Words: 1900 - Pages: 8

Premium Essay

Str 581 Week 4 Strategic Growth and Evaluation

...STR 581 WEEK 4 STRATEGIC GROWTH AND EVALUATION A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=str-581-week-4-strategic-growth-and-evaluation Visit Our website: http://hwsoloutions.com/ Product Description STR 581 Week 4 Strategic Growth and Evaluation, Introduction Growth is a core objective of many organizations because it leads to increase in sales as well as revenue. However, most companies do not know the right tactics and strategies to follow in order to ensure that they grow successfully. It is also vital for companies to determine the right kind of growth that the company needs in order to meet its objectives. Therefore, involving stakeholders in that discussion in order to make the right decision is very imperative (Marquis, 2010). This paper will discuss the best alternatives of growth using Verizon as an example. Value discipline Value discipline has three forms in which different companies use to define its core objectives. Operational excellence is one of the value disciplines where by the company does not really care much about the product they are offering but the services they are offering in addition to the products. This means that the company has to ensure that all the services they offer are superior to any other company in the market. By so doing, they will be able to attract customers due to the after service they offer the market (Saks, 2009). The company offers customers with products of low prices so as to ensure......

Words: 700 - Pages: 3

Free Essay

Str 581 Week 5 Implementation Plan

...STR 581 WEEK 5 IMPLEMENTATION PLAN A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=str-581-week-5-implementation-plan Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION Introduction Implementation plan is a very imperative stage for Verizon wireless company because it is the stage where the company puts all plans into reality. It is indeed simple to make plans but hard to implement them that is why they say that this stage requires a lot of team work and collaboration in order to ensure that they implementation plan pushes through successfully (Atanga, 2013). This paper will discuss some of the ways of ensuring that the plan goes through including its budget as well the contingency plan underway so as to ensure cushion of risks that are to occur in the process. Objectives Functional tactics Action items Milestones and a deadline Tasks and task ownership Resource allocation In every project, there must a leader who will ensure that all the activities needed to be undertaken in the project go smoothly. The objective of the company matters a lot in such a situation because if it is not the objective of the company then the project would not be able to push through. The company should therefore ensure that in everything they do, they ensure that it is in line with the objectives of the company which in return will be in line with the mission and vision of the company hence the reason for existence of the company...

Words: 870 - Pages: 4

Free Essay

Str 581 Week 6 Individual Strategic Plan and Presentation

...STR 581 WEEK 6 INDIVIDUAL STRATEGIC PLAN AND PRESENTATION A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=str-581-week-6-individual-strategic-plan-and-presentation Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION STR 581 Week 6 Individual Strategic Plan and Presentation, Allocation of resources the right way is advisable because there could be wastage of resources which are very important in Verizon wireless company. It is vital for the company to ensure that they have trusted employees who will not embezzle resources to their own benefit instead of the tasks assigned to them. The tasks and resources should be in par in terms of ensuring that the resources allocated to the project are enough to complete the whole task as per the plans. In case there is need for more resources, there should be a justification as to why they are needed as well as the justification as to why the allocated resources are not enough to complete the task as planned earlier. By so doing, the company will be able to save on cost of wasting resources anyhow as expensive as they are for the company. The company will also be able to taking caution of any employees who cannot be trusted in their work in terms of wasting resources. All the items needed for the project should be ready for usage whenever needed so as to ensure that the project does not delay due to lack of resources that need to be brought to the company or the project......

Words: 384 - Pages: 2

Premium Essay

Str 581 Capstone Final Exam All Part 1-2-3

...STR 581 CAPSTONE FINAL EXAM ALL PART 1-2-3 To purchase this, Click here http://www.activitymode.com/product/str-581-capstone-final-exam-all-part-1-2-3/ Contact us at: SUPPORT@ACTIVITYMODE.COM STR 581 CAPSTONE FINAL EXAM ALL PART 1 - 2 -3 STR 581 Capstone Final Exam Part 1 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 2. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done?3. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 4. In performing a SWOT analysis, which of the following would be considered as a threat 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving that diversity initiatives cannot? 10. According to the job characteristics model, autonomy is defined as......

Words: 5802 - Pages: 24

Premium Essay

Str 581 Week 6 Capstone Final Exam

...retaliation of current industry organizations • the demand for the product; the profitability of the competitors Complete STR 581 week 2 capstone final examination answers here STR 581 Week 2 Capstone Final Examination 4. In general, compared with firms which compete in only one market, among firms which face one another in multiple markets there is__________. • similar competitive rivalry • more competitive rivalry • less competitive rivalry • no competitive rivalry 5. The three parts of the external environment which affect a firm's strategic actions are__________. • economic, political, and legal • industry, business, and product • local, national, and global • general, industry, and competitor 6. The proper matching of what a firm can do with what a firm might do__________. • balances the internal characteristics of the firm with the characteristics of the external environment • overcomes the rigidity and inertia resulting from a history of success • develops core competencies based on human knowledge • yields insights the firm requires to select its strategy STR 581 week 4 capstone final examination download now STR 581 Week 4 Capstone Final Examination 7. Gordon Jones is considering purchasing a computer from Best Buy. He has created a scale for rating eight different computers on three different characteristics. He plans to make a short list of only those computers that score at least a 7 on his scale on all three characteristics. Which......

Words: 1674 - Pages: 7

Premium Essay

Str 581 Capstone Final Exam All Part 1-2-3

...STR 581 CAPSTONE FINAL EXAM ALL PART 1-2-3 To purchase this tutorial visit here: http://wiseamerican.us/product/str-581-capstone-final-exam-part-1-2-3/ contact us at: SUPPORT@WISEAMERICAN.US STR 581 CAPSTONE FINAL EXAM ALL PART 1-2-3 STR 581 Capstone Final Exam Part 1 1. The concept that some leadership attributes will work in some situations but not in others can be described by the 2. Sam Meyers manages a telemarketing call center. He has 20 employees working for him who are displeased with the way he yells and threatens to terminate them for what they see as small issues. Which kind of power is Sam using to get the job done?3. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled? 4. In performing a SWOT analysis, which of the following would be considered as a threat 5. During the implementation of a project, which of the following should be the primary focus of a consulting firm? 6.Which of the following is considered a major process flow structure? 7. Some studies indicate the best approach for transformational change may have the chief executive officer create an atmosphere for change 8. Deming’s PDCA (plan, do, check, and act) cycle underlies what inherent Six Sigma principle? 9. What can affirmative action assist organizations in achieving that diversity initiatives cannot? 10. According to the job characteristics model, autonomy is defined as the......

Words: 1727 - Pages: 7

Premium Essay

Str/581-Strategic Plan

...Strategic Plan Part 3 STR/581 Brian Carter 12-12-11 Strategic planning is a critical element of an organization’s annual business plan. A strategic plan consists of a number of components. In addition to analyzing a company’s strengths and weaknesses, a strategic plan also includes implementation and control techniques. While this may seem easy enough, implementing a strategic plan into an organization can be challenging. Barnes and Noble, like a number of corporations are seeking ways to improve productivity and profitability. This essay will identify business alternatives for the bookseller which will enable them to diversify their product offerings. The development of a strategic plan consists of many steps. One important step is identifying the best strategic alternatives. These alternatives include value discipline, generic strategy, and grand strategy. These three areas are especially important for Barnes and Noble. In recent years, the bookseller has experienced a slide in market share. While Barnes and Noble has been able to rebound over the past year, the company must identify ways to remain competitive. A generic strategy is very important for Barnes and Noble. A generic strategy is a basic approach to strategic planning that can be adopted by an organization in any industry to improve competitive advantage. Generic strategy is composed of three elements, differentiation, focus and low cost strategies. Differentiation strategy is the ideal......

Words: 1053 - Pages: 5

Premium Essay

Strategic Plan Str 581

...Strategic Choice and Evaluation Paper University of Phoenix STR/581 Strategic Choice and Evaluation Organizational leaders and analysts develop business strategies to ensure that the organization is successful and operates to its full potential. Several factors have a significant impact on an organization’s success and its profitability. However, these factors are not solely based on finances. Some factors that will have a significant impact on the organizational strategic approach include organizational structure, organizational culture, and the leadership strategies chosen. In addition, organizational leaders and analysts seek to improve business processes and its related costs, improve customer satisfaction by improving product or service quality, and maintain a competitive advantage when compared to organizations offering the same or similar products and services. Businesses create competitive advantages when compared to its competitors because their product or service quality is highly distinguished from its competitors within the same market segment. Another factor that has a significant impact on the organization’s competitive advantage is the business’s cost structure (Pearce & Robinson, 2011). Merck & Co. is a pharmaceutical company that manufactures pharmaceutical prescription drugs for patients diagnosed with a variety of diseases. This organization is a scientific research-based organization. Therefore, to ensure the organization grows to its full...

Words: 1410 - Pages: 6